AENT revenue rises 8% to $1.15B
Revenue increased 8% to $1.15B, while adjusted EBITDA rose 14%, with gains cited in physical music, movies and collectibles.
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Revenue increased 8% to $1.15B, while adjusted EBITDA rose 14%, with gains cited in physical music, movies and collectibles.
AENT reported revenue growth to $1.15B, citing gains in physical music, movies, and collectibles, with gross margin expansion and adjusted EBITDA up 14%.
Net revenues grew 8% to $1.15 billion, helped by gains in vinyl, CDs and physical movies, while gaming sales declined. Operating income fell due to a $7.8 million vendor loss, though adjusted EBITDA improved.